About your Search

20121006
20121014
STATION
KTVU (FOX) 29
LANGUAGE
English 29
Search Results 0 to 28 of about 29
expect. and, we'll get inside the brainstorming session of politicians who hope to revive the economy. what to watch in the stock market ahead of tonight's vice presidential debates. plus, will oscar buzz surrounding a new movie help put it at the top of the box office heap? and are traders hopping in the costco shopping cart? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, october 11th. i'm angela miles. in today's first look: debate night as vice presidential candidates joe biden and paul ryan square off in primetime. yesteday turned into another downer for the market. alcoa and chevron weighed heavily on the dow. gold ended the session flat and oil dipped by nearly a dollar. and the winter heating outlook is in. following last year's warm winter, some americans will get a sticker shock this year, especially those using heating oil. those bills are projected to rise 20%. lately the hot market has been cooling off. phillip streible of rjo futures joins us. good morning to you. what's your
until there's clear evidence this economy is recovering." niemann says the number of jobs may have picked up, but not enough high-paying ones to stimulate consumer spending. that may keep inflation low, which would not drive up gold. but others believe there are too many variables in the world, and that leads others to think gold may be headed higher. "i think looking at the situation in europe and elsewhere, we're in for a year or so of instability and gold could head to two." "two," as in two thousand dollars an ounce. or is that too much? "i think $2000 is probably years away more than months away. it'll take more than a little growth and inflation to get it going." but some portfolio managers say the latest jobs data "put an end to the idea that [quantitative easingwould last forever. as for gold topping $1800, "we've been getting so close but it has turned into a greater line of resistance than we thought." another variable to watch - seasonal factors may come into play and may encourage etfs, exchange-traded funds, to flow into gold at the end of the year. the economy may not
reported having jobs. senator ayotte, isn't the economy getting better? well, i think, what is disappointing about the report is the down tick we saw in unemployment is because of part-time work, for economic reasons, so people who want full-time jobs, taking lower pay, you can't support a family on part-time work. and of course we still have the sad fact that we have the lowest labor participatings rate since 1981, and if the number of people who were working or participating in the workforce were the same as when the president came into office the unemployment rate would really be 11%, so, i don't think there is any cause to celebrate, here and i think if you told the american people four years ago, that the unemployment rate is going to be 7.8%, at this point, during the president's term, i don't think anyone should be satisfied or happy with that. >> chris: governor, are you satisfied for happy. >> i don't think any of us should be happy, we want to return to full employment. and, what we have seen now is 31 months in a row, consecutive months in a row of private sector
debates reveal about where the candidates stand on jobs and the economy. in today's cover story, why more shoppers are getting a jump on their christmas lists. plus, a money manager who only invests when congress has left the building. two traders weigh in on why cheese could be considered a commodity. and, we'll focus in on financial stocks as some of the big players get ready to release earnings. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's october 12th. i'm angela miles. in today's first look: traders are prepping for the friday trade. yesterday a 30,000 drop in jobless claims ignited a rally in stocks, but that fizzled out later in the session, with the dow and nasdaq especially losing momentum. gold gained 4 dollars, while oil pumped up more than a dollar. a setback for apple today. a u.s. appeals court overturned a ban on the sale of samsung smartphones running on google's android system. chip-maker a.m.d. cut its forecast, sending shares down more than 5% last night. and it's bye-bye
and commodies all fell on continued concerns of a slowdown in the chinese economy. and in m&a, principal financial is said to be ready to buy a chilean pension managing company for $1.5 billion. mark sebastian of option pit mentoring joins us now. will some eyes be on europe today mark? > > i think europe's interesting. i think everybody is waiting for the spanish regional elections on october 21st to see if after that they ask for the bailout. we've seen some real strength in the euro. i'm not sure that can last if spain asks for a bailout, and i think we're running into some technical highs on the currency. expect to see the euro drop a little bit here. > > here in the united states a lot of people are concerned about alcoa's earnings, which come out after the close and kick off the earnings parade. > > earnings cycles the last couple of cycles have been "expect the worst and get mediocre," which ends up being bullish. remember, this is a market of expectations, not of results. we're actually seeing a lot of call buying in alcoa ahead of the earnings, so don't be shocked if we get a li
and foreign possibilitpolicy. tonight will be about the economy. an issue that the pundits say will likely decide this election. each campaign offers a vastly different approach to tackling the tough issues including how to lower the nation's 7.8% unemployment rate and how to rein in the national debt that tops $16 trillion. each nominee has 90 minutes to convince the voters that his to get is the best. from abcs moderator is marth news. >> good evening and welcome to the first and only vice- presidential debate of 2012. sponsored by the commission on presidential debates. i am honored to moderate this debate between two men who have dedicated much of their lives to public service. tonight's debate is divided between divided and domestic foreign-policy issues and i will move back and forth between foreign and domestic because that is what a president or vice-president will have to do. we will have nine different segments. i will ask both candidates to question and will each have two minutes to answer. i will encourage the discussion between the candidates with follow-up questions. bicorne
back on travel due to uncertainty in the economy as well as waiting out the upcoming election. business travel is projected to grow 2.6% in 2012, which is still better than the 2.2% orginally expected. however, in 2013, travel spending could tick up to 4.9%. groundless. that is what china's commerce ministry calls accusations from the u.s. yesterday that equipment from two chinese telecomm companies could be used for spying in the u.s. the house intelligence committee accused huawei technologies and zte corporation after a year-long study, concluding that the two companies pose a threat to u.s. national security. both companies deny the allegations, huawei saying the findings are politically-motivated. cracker barrel is playing defense. the restaurant chain is defending its newly appointed chairman, james bradford. earlier this week the chain's owner, biglari holdings, said bradford had lied on his resume. cracker barrel claims there was a misunderstanding. apple prices are climbing far from the tree. at the retail level, apple prices are on the rise. it's due to fluctuating t
it because it takes the attention off the debate and puts the attention on a recovering economy. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000 more jobs were added in july and august. >>> tonight at 10:30 what we found when we asked people about the economy and whether they've seen an improvement. >> on wall street the new jobs report did little to move the stock numbers. the debt crisis in europe or spain or greece are facing challenges continued to loom over investigators today. the dow was up 34 points. >>> filed plans for a $100 million initial public offering. the wireless network equipment maker has not said how many shares it plans to sell. the company's revenue nearly
the economy is the biggest ticket item. reporting in washington jacqueline fell ktvu channel 2 news. >>> it's been called the worst wild fire season on record and the forest service ran out of money to fight the flames. at the end of august funding ran out to pay for the firefighters, fire trucks, and aircraft that fight the flames so the department of agricultural which runs the forest service borrowed from other forest management programs the ones that aim to prevent the big fires to begin with. congress only provided half the $1 billion it costs to fight the fires this year. >>> new report is calling u.s. navies explanation for radiation contamination on treasure island inadequate. california health regulators says the report does not exemployer the possibility that the base may have been dusted with radio active ash or soaked with aid owe active sewage. . the navy acknowledges the history was more wide spread than they thought. >>> british researcher john gerdon were awarded the prize for discovering that certain cells of the body can be reprogrammed into stem cells. it's a discovery th
will gain more jobs. our economy will grow. >> reporter: phase 1 of the plan began in april with the 57- hour demolition of this stretch of doyle drive roadway and the rerouting of traffic onto a new bypass. >> now, there is the steel bridge. so that will come down. it won't come down as quickly as the weekend demolition. it will probably be a three or four-month process. >> reporter: crews will take it apart in the reverse order it was built, and concrete columns border the famous presidio pet cemetery. >> we'll see a brand new bridge and three new tunnels and a whole new interchange. >> reporter: completion is set for 2015. there will be more lanes for the 100,000 daily drivers on the roadway, and they promise construction won't slow the current commute. >> ultimately, people will see the construction but it shouldn't impact the main line. >> reporter: the remains of doyle drive will live on in another form. it will be used to build new roads. reporting live in san francisco, david stevenson, ktvu, channel 2news. >>> santa rosa police say that an suv was on the wrong side of the road
in california. one benefit is a boost to the state's economy. money is pouring in to try to influence the outcomes. reporting from washington, ktvu channel 2 news. >>> the pain that pump is starting to subside. the average price in california dropped about a penny to $4.66 a gallon. some stations in the bay area are charging more than that. the highest price in the bay area at $5.19 a gallon. that isane san bruno -- is in san bruno. and prices have a long way to go. >>> testing of the bart tracks could cause delays. testing begins tomorrow at 9:00 p.m. service will be reduced to single tracks. then on saturday the trains will run in the manual setting in both directions which will cause 5-10 minute delays. it ends saturday night. >>> two people in custody after a crime spree in washington state. more on the possible connection to a murder here in hercules. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. >
chavez has not been reelected. his challenger promised to run venezuela as a market economy took 45% of the vote. chavez is the longest serving president in latin america. >>> tomorrow the san francisco board of supervisors will decide the fate of suspended sheriff ross mirkarimi. nine of the 11 board members have to vote against mirkarimi in order to permanently remove him from office. this comes after mirkarimi pleaded guilty to false impresesment related to an argument in which he grabbed and bruised his wife's arm. >>> it's 4:48. it was supposed to be a happy day for two couples in philadelphia. but violence marred the celebration. the deadly fight that broke out between parties. >>> plus a historic launch in florida. the supplies on a private rocket headed for the international space station. >>> lack -- welcome back to the ktvu charge 2 morning news. one of the happiest days of a couples life turned into tragedy when two people started fighting at a wedding in a philadelphia hotel. now police were called to the scene yesterday morning to control the massive brawl that erupted
businesses. a major impact a dozen events are having on san francisco's economy. >> you can wake up with ktvu every morning get the mornings top stories that develop while you were sleeping sent straight to your cell phone every weekday morning at 6:00 a.m.. text the word wakeup to 70123. ♪ places it will take you. ♪ dreams it will make come true. ♪ with technology and style to match your achievements and desires. ♪ the question is where will your new es take you? ♪ introducing the all-new lexus es. ♪ >>> welcome back. time now 6:24. a sky diving daredevil is hoping to set new records tomorrow attempting the highest and fastest free fall in history. 43-year-old felix bumgarner is scheduled to make the fall tomorrow. reaching an altitude of 23 miles. the usa tree january wants to break two records free falling the farthest ever at 117,000 feet and falling the posttest eventually breaking the sound barrier. >>> the political world is remembering foreigner california lieutenant governor and congressman mervyn dymally this morning. he also served in both houses of the state legislatur
in greece. >>> and more worrisome news for the global economy. s&p 500 a downgrading spain's credit rating, it dropped two levels. s&p says the downgrade comes because the capacity for spain's political institutions to deal with the current economic sand finance am crisis is declining. >>> our report out today says tourist force the london olympic and paralympic games failed to give a boost. the number of visitors was lower between june and august compared to the previous year. it dropped about 7%. the tourists said the spending hovered around the same before at $9.7 billion. >>> a report says airlines are reduce the number of long tarmac waits that customers have to sit through. the report was released by the u.s. department of transportation. in august, airlines reported tarmac delays longer than three hours. they must be reported. luggage lost and discrimination complaints are as down -- are also down. >>> there are new clues in the case of a missing hayward girl, as we told you earlier. a bone fragment test is being done to confirm if it is michaela garecht. coming up at 5:00, what we'
in the white house? a stagnant economy that promotes more government dependency, or a dynamic that promotes opportunity and jobs. mitt romney and i will not duck the tough issues are blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding principles. the choice is clear, and the choice rests with you. >> thank you both again. this concludes the vice- presidential debate. please tune in next tuesday for the second presidential debate in new york. i'm martha rattis of abc news. i hope all of you go to the polls. have a good evening. [applause] >> what do you think? and did that change the game? of going into the contest, the word from the republicans was that he has to do something to change the momentum. this could be a slide for romney into it. the other side had a different thing to say, and who made the argument that is more believable across america? carl cameron has been listening from the spin room tonight. people said the democrats have to get on track after what happened last week. do you s
of the presidio to chrissy need and isn't that wonderful? our workers will gain more jobs our economy will grow. >> reporter: this animation of thepry sid grow parkway shows the final result of 016, the day for completion. this phase of the project which begins next month we're told shouldn't result in doe lays for motorist. caltran promises pedestrians will have a better view of the golden gate bring. coming up at 5:00, i will have the political side of this project. back to you. >> thank you. >> david. >>> turning to election news, both presidential candidates are back on the campaign trail after their running mates went head to head in their only debate. mitt romney is campaigning in virginia. weiss given paul ryan a great review. ryan took time out today to have breakfast with his family in kentucky. he and governor romney will campaign together in ohio tonight. >>> well, some recally right after the debate showed people who are split over who they think came on top. a cnn survey found paul right the winner. 48% to -- ryan the winner. 48% to 45%. a cbs poll found that both candidates made s
in the first place doctor. >> in his weekly address, he says there are signs the economy is bouncing back. he pointed to yesterday's jobs report, which showed the nation's unemployment at 7.8%. that's the loy he lowest -- lowt figure since january 2009. he said businesses have added 5.2 million jobs in the past two and a half years. he will. >> attend a star studded concert tomorrow. the president also has a fund-raiser with former president bill clinton. on monday, as we said, president obama will announce the establishment of the caesar chavez monument. elf's -- he will arrive in the afternoon. there's a funds racing concert with john legend, and $20,000 a plate dinner. alex smith is expected to attend. >>> still basking in the success of wednesday's presidential debate, republican nominee mitt romney is in the electoral rich state of florida. romney and his wife anne were greeted by a throng of supporters waving american flags in st. petersburg,. >> he got a chance to explain his program, how he will create new jobs. did you hear what he had to say? i didn't either. >> later, the romneys s
to try to talk down the economy to score a few political points. >> reporter: mitt romney told supporters in abington, virginia the country hasn't come far enough. >> now, we can do better. we don't have to stay on the path we've been on. >> reporter: businesses added 114,000 jobs in september, slower than growth earlier in the summer. romney pointed out the unemployment rate doesn't reflect people who stopped looking for work. >> if the same share of people were participating in the work force today, as on the day the president got elected, our unemployment rate would be around 11%. >> reporter: 8.8 million people lost their jobs during the recession, just under half of those jobs have been added back. that means millions of jobs still to go and a task that will take longer than the 32 days remaining until the election. in washington, emily smith, ktvu channel 2news. >>> google plans to expand cuts in its motorola mobility division outside the united states. that information was part of a google filing with the securities and exchange commission. google announced in august, it was reduci
.s. economy. >>> walmart and american express are teaming up for a card for shoppers. the blue beard card is designed to be an alternative to checking accounts. walmart says there will be cash cash there will be no -- there will be no monthly minimum fees. >>> general motors is hiring. gm says it will hire as many as 1500 workers to staff a new computer technology center in warren, michigan. the center is one of four gm plants to open in the u.s. the automaker says it could hire as many as 10,000 technology employees in the next three to five years. there are conflicting reports this morning on a work stoppage at the chinese factory that makes apple's icons. there was disputes between workers group and managers. work did stop on friday and production was paralyzed. both sides agree workers are on the job today. >>> red bull is about to offer something it's never tried before. it will introduce cranberry, lime and blueberry drinks. they will be sold in red, white, and blue cans. the new flavors will be in stores next march. >>> 7:45. the first ever target store in san francisco will soon b
4. >>> 7:44. the international monetary fund warns the global economy will grow more slowly during the coming year. the imf released its quart terly update at a meeting in tokyo. the chief economist warns the biggest threats are the eurozone crisis, the failure of u.s. policymakers to agree on a fiscal plan and -- plan and japan's inability to reduce its budget deficit. >> it's difficult to nail down exactly what the strengths of this is. >> blancheard said it is possible if all of the right dreichers are taken by the right -- companies and if all of the right moves are taken. >>> breaking news. jerry sandusky has been sentenced to no less than 30 years in prison for his child abuse conviction. here's more. >> reporter: good morning, ken, tori. that's right the judge said the total years would be no less than 30, no less than 20. centuries in jail would be too abstract. 30 to 60 years has the same impact of saying the rest of your life. sandusky is 68 years old. now, he did -- he did give a statement in the courtroom. two times during the statement he said,dy not do these disgustin
-class taxes and stimulate the economy." >>> meantime republican presidential candidate mitt romney campaigned today in florida. romney says the president's policies would "kill the american dream," and the way to ensure a brighter future is cut government spending. behind the scenes campaign workers worked towards the goal of contacting 2 million voters by phone in florida as well as other swing states. >> a republican congressman from georgia is making national headlines today. after comments he made about his religious beliefs were posted on a church website. >> evolution big bang theory, all of that is lies, straight from hell. >> representative paul broun made those comments at a baptist church in georgia. the church has since removed the video, but the bridge project, the political watchdog group reposted the video. broun is a medical doctor and said cites on the house committee of space and technology. he is running for re-election, unopposeed. >>> volunteers from the yes on proposition 30 campaign gathered this morning in front of mcclymonds high school. the measure is backed by gov
economy is expected to hear from libya. the house oversite and government committee is holding wednesday's hearing on the october 11th benghazi attack. now the hearing is bound to be politically charged as republicans have accused the obama administration of failing to respond to greater security at the benghazi office. >>> with 90% of the votes counted, chavez receives 54% to 45% for his opponent enrique capriles. capriles was expected to be the president's greatest challenger. >>> in iraq, the government executes 11 men. the number of executions are being called terrifying. international advocates have raised concerns about the fairness of trials, the transparency of court proceedings and the rumor of forced confessions. >>> natural steel pipes are being buried in the ocean bed. if a large earthquake were to hit, they could be raised to 121 feet above the water to diffuse the energy of a tsunami. >>> the man accused of killing trayvon martin plans to file a defamation of character lawsuit against nbc. >> george called and reported a black person. somebody asked him to describe someone.
economy. 300 new employees were hired on to get it target store up and running at the metreon. again, today, the soft opening, the store just opened at 7:00. there are sort of some small crowds inside. but there is an official grand opening that will happen this sunday. we're live in san francisco, alex savage -- alex savidge, ktvu channel 2 news. >> thank you. >>> sal, what's happening on 680 in walnut creek? >> it's pretty slow. i think a lot of people have heard about the bay bridge. they decided to use 680 to head down to san ramon, perhaps get on the san mateo bridge. it's not an original idea. there was an accident near el pintato, a minor crash causing minor delays there. so 680 is not good heading down into alamo through all of walnut creek. 24 is moderately heavy. and then of course at the bay bridge we've had the big parking lot there because of an earlier crash. let's look at the macarthur maze now. you can see traffic is not improving now as we get to the peak of the commute. 508 is backed up all the way out -- all the way out behind hide street. that's how bad it is. 80
18 points. they lost about two points. analysts blamed the global economy. they reported a decline in threap mications for the unemployment benefits, falling to 329,000 which is a four and a half year low. more than 12 million americans are still without work. >>> delivering a blow to apple today by denying our request. they said they failed to show that this to hurt their own smart phone sales, allowing them to sell the product while they continue that dispute. >>> six more dead birds have tested positive for them across the country. the birds were found here, saying that cooler temperatures mean that this season is finally winding down. >>> the showers are winding down as well. a few sprinkles for you tonight, sweeping up pretty much clear right now with a few light drizzle areas. and the system will be a big bear for you as we have seen it all from the system. there it goes into southern california. look at that wrap around moisture coming into nevada and then back around us today. those are the showers we have. this system is tracking away for you. as they move off, then we wil
is counterproductive because it hurts the overall economy and checking in on the numbers right now, nearly all of the european markets well pretty mix but a lot of them are down this morning. meanwhile markets in the far east traded in a very narrow range overnight as investors wait for several economic reports. markets in japan and taiwan finished the day with small losses. hong kong finished up slightly. checking in on our numbers. futures indicate a higher opening across the board for the dow, nasdaq, and s & p. pretty small moves. but one company jp morgan reporting a good fourth quarter. >>> police are investigating a homicide. matt keller is live on the scene at rogers and junction avenues with new developments in the case. >> porter: you can see that officers are still here at the scene of the city's 37th homicide of the year. you can even see the mobile command unit here as well. the shooting happened here on rogers avenue just before 2:00 this morning. when officers arrived they saw a man suffering from one gunshot wound. he died at the scene. we just came from a second scene on south
employment opportunity commission. >>> in norway the noble economy awarded the peace price to the european union. it honored the eu for peace, reconciliation, democracy and human life. many were skeptical the eu would get if peace prize during a time of violent protests. >>> it is the first violence since -- each side was holding a rally when backers of the president stormed the stage of the rival camp. at least 100 people were injured. >>> and down under an early spring surprise for folks. a storm dropped about two inches of snow. that's more than people say they've ever seen. but wildlife kangaroos seem to cope just fine with all that snow. >>> the american beverage association is taking steps to restrict sales of sugary drinks. the group filed suit siting infringement of perm freedom. it outlaws the sale of sugary drinks larger than 16-ounces everywhere in the city expect grocery own convenience stores. a group backed by the beverage industry is spending millions of the dollars to defeat a soda tax on the upcoming november ballot. the money raised would go to pay for obesity education a
including john gave men day of fairfield. will he head to los angeles to discuss the economy. >>> there was comedy mixed with discourse last night. bill o'reilly went head to head with john stewart. their 90 minute debate was streamed live on the internet and topics include foreign policy, entitlements, and the economy. >> income redistribution. do you believe in it? >> do you? >> no. i asked first. >> how is this a two personality such as yourselves are polar opposites coming together when congress can't. what advise would you give congress? [ laughter ] >> wait wait wait. >> you have to laugh. that is funny. the debate was dubbed the rumble in the air conditioned auditorium. proceeds went to charities. >>> space x is scheduled to send another shipment to the international space station. it plans to launch its unmanned dragon cargo ship tomorrow night. however thick clouds are a big concern and forecasters say there is a 60% chance of rain. this could delay the launch. this will be the second space x mission to the space station. >>> the prices at the pump went up again over
economy. he said that bailing bailing out the automakers created a quarter million new jobs. he is prepping for the debate in new york. romney also gearing up for that. he is meeting top advisers in ohio. later today he has two campaign stops there. >> a shooting outside the obama campaign office in denver. own bullet shattered an office window. nobody was hit. the broken window was boarded up. police say they have a description of a vehicle of interest and they are trying to find if the office was targeted or hit by a stray bullet. >>> we know how much money victims of the aurora colorado shooting will get from donations. families plus victims who had permanent damage will get 1 75,000 dollars each. others will get an amount based on how long they were in the hospital. >>> the sheriff of san joaquin county count county said he was takenna back by a report that mixed remains were given to a victim's mother. a box of bones was given to joan shelley, she was told they were her daughter but a lab later said only some of the bones belonged to her daughter. one of the bones is bein
economy. germany, which is europe's largest creditor, says slowing down debt reduction hurts the credibility of the european union. >>> if you travel to travel on the bart, there will be delays for testing between lafayette and pleasant grove. tomorrow trains will be on manual mode between walnut creek and pleasant hill. passengers should expect delays of 10 minutes. testing is expected to be completed tomorrow night with service back to normal by sunday. >>> we don't have 10 minute delays. >>> let's take a look at the toll plaza. it's still moving very slowly. they try to meter the traffic getting into san francisco stacked up onto the east shore. 580 is a mess getting into the city. people don't expect this really on a friday, but if you're trying to get into the city in your car you're going to be waiting 45 minutes, maybe an hour, depending where you join the line, and it's going to be tough. if you're trying to take bart, it has been doing well getting in and out of san francisco. let's move along to the bridge. some people have been using that or trying to . i would rec
Search Results 0 to 28 of about 29